Forbes India Rich List 2018: Take a look at India's 10 richest people

Forbes released the India Rich List 2018 which features 100 of India's richest people recently. Reliance chairman Mukesh Ambani topped the list for the 11th time. Take a look India's 10 richest

File Photo&nbsp | &nbspPhoto Credit:&nbspBCCL

New Delhi: Business Magazine Forbes released the India Rich List 2018 which features 100 of India's richest people. Reliance chairman Mukesh Ambani topped the list for the 11th consecutive year with a net worth of USD47.3 billion which is equal to Rs 4,730 crores. The combined net worth of all 100 people on the list is USD 492 billion which is 2.7% up than USD 479 billion last year.

Despite the markets struggling and rupee depreciating, 11 people out of 100 on the list saw a rise of Rs 100 crore or more in their fortunes. The wealth of at least 6 billionaires in the list went down by as much as USD 1 billion. Worth mentioning here that the one must have a fortune of at least USD 1.48 billion to make it into this list. Take a look at 10 of India's richest people in 2018.

1. Mukesh Ambani: Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani topped the list with a net worth of $47.3 billion. The 61-year-old business tycoon has topped the list for the 11th consecutive year. He also topped the Hurun India Rich List 2018 recently. According to Forbes, Ambani's wealth grew by $9.3 billion which is lower compared to the $15.3 billion rise last year.

2. Azim Premji: Founder of Tech giant Wipro, Premji retained his second spot in the list with net worth of $21 billion. His wealth grew from $19 billion to $21 billion in a year. The 77-year-old tech tycoon is considered the most charitable businessman in the country. He donated $2.2 billion to fund his philanthropic organisation called Azim Premji Foundation.

3. Lakshmi Mittal: Steel Magnate Lakshmi Mittal went up one spot from last year to land up in top three this year. His net worth stands at $18.3 billion compared $16.5 billion last year. The UK-based businessman is the chairman and CEO of the world's largest steelmaking company ArcelorMittal.

4. Hinduja Brother: The Hinduja Brothers slipped to 4th position this year. The combined net worth of the Hinduja Brothers stands at $18 billion which is down from previous year's $18.4 billion. India-born Hinduja brothers are also the second richest people in UK's annual rich list.

5. Pallonji Mistry: Pallonji Shapoorji Mistry is an Indian construction tycoon who owns 18.4 per cent stake in Tata Sons. Pallonji is the primary shareholder of Tata philanthropic Allied Trusts. He is an Irish citizen since 2003 and his net worth went from $16 billion last year to $15.7 billion this year.

6. Shiv Nadar: Founder and chairman of HCL, Nadar is an Indian industrialist and philanthropist. He was awarded Padma Bhushan for his contributions in the IT sector and is also known as Magus. He founded HCL in the mid-1970s and has made the company an IT enterprise over the decades. His net worth stands at $14.6 billion currently.

7. Godrej Family: Godrey family owns and manages the Godrej Group founded by Adhiraj Godrej and his brother in 1897. The company is spanned across different sectors like consumer products, real estate, appliances, furniture, security and more. The combined net worth of the family stands at $14 billion.

8. Dilip Shanghvi: Founder of Sun Pharmaceuticals, Dilip Shanghvi is the 8th richest man in India with a net worth of $12.6 billion. He founded Sun Pharmaceuticals in 1982. The Indian government awarded Shangvi with Padma Shri in 2016.

9. Kumar Birla: Aditya Birla Group's chairman Kumar Mangalam Birla is one of the most esteemed industrialists in India. He is the chairman of Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad. He took over as the chairman of Aditya Birla Group in 1995 and his current net worth is $12.5 billion.

10. Gautam Adani: Gautam Shantilal Adani is chairman and founder of the Adani Group which a multinational company involved in port development in India. Adani is also the president of the Adani foundation. He occupies the 10th position in the list with a net worth of $11.9 billion.

Forbes India Rich List 2018: Take a look at India's 10 richest peopleDescription:Forbes released the India Rich List 2018 which features 100 of India's richest people recently. Reliance chairman Mukesh Ambani topped the list for the 11th time. Take a look India's 10 richest Times Now